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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2019
Jul. 03, 2018
Cash flows from operating activities:    
Net income $ 62,494 $ 54,382
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization expenses 43,021 47,729
Deferred income taxes (2,289) 805
Impairment of assets and lease terminations   2,493
Stock-based compensation 10,488 11,075
Loss on investments in unconsolidated affiliates 3,094 1,128
Changes in assets and liabilities:    
Accounts and other receivable 43,123 37,750
Income taxes receivable/payable (3,095) 12,583
Inventories (7,122) 7,865
Prepaid expenses (3,372) 4,717
Operating lease assets/liabilities (5,504)  
Other assets (7,984) 1,089
Accounts payable (13,417) (4,839)
Gift Card Liabilities (29,980) (30,328)
Other accrued expenses (5,688) (5,901)
Cash provided by operating activities 83,769 140,548
Cash flows from investing activities:    
Additions to property and equipment (29,371) (51,870)
Additions to intangible assets (198) (735)
Investments in unconsolidated affiliates (3,000) (14,000)
loans made to unconsolidated Affiliates (18,000)  
Proceeds from variable life insurance contract   540
Cash used in investing activities (50,569) (66,065)
Cash flows from financing activities:    
Deemed landlord financing proceeds   3,631
Deemed landlord financing payments   (2,509)
Borrowings on credit facility 35,000 30,000
Repayments on credit facility (10,000) (20,000)
Proceeds from exercise of stock options 6,191 6,317
Cash dividends paid (29,287) (26,521)
Treasury stock purchases (39,164) (42,029)
Cash used in financing activities (37,260) (51,111)
Foreign currency translation adjustment 86 (11)
Net change in cash and cash equivalents (3,974) 23,361
Cash and cash equivalents at beginning of period 26,578 6,008
Cash and cash equivalents at end of period 22,604 29,369
Supplemental disclosures:    
Interest paid 636 4,145
Income taxes paid 9,939 5,291
Construction payable $ 4,023 4,250
Non-cash operating:    
Settlement of sale-leaseback accounting   471
Non-cash investing:    
Settlement of landlord sale-leaseback accounting   (4,056)
Non-cash financing:    
Settlement of landlord financing obligation for sale-leaseback leases   3,585
Deemed landlord financing proceeds   $ 3,756